What is Selectcoin?
Selectcoin allows anyone to buy and sell cryptocurrencies through a streamlined and simplified manner, by taking advantage of our large POS footprint. Our proprietary solution essentially makes every POS terminal a cryptocurrency exchange.
While our competitors are spending millions of dollars on physical ATM locations to facilitate cryptocurrency transactions, we have adopted a proprietary solution that turns any of our retailers’ POS terminal into a cryptocurrency exchange for a fraction of the cost, and with no maintenance required.
Alternative: Bitcoin ATM
High Cap-Ex cost per location
Takes up retail space
Not easily scalable
Requires higher fees to consumers
Any company can manufacture ATM
Low Cap-Ex cost per location
Retailer can be set up in minutes
Low consumer fees
Closed-loop card system